This home was renovated by the Land Bank in cooperation with the Western Reserve Community Development Corporation (WRCDC). Funding sources including Community Development Block Grant funds and Home Investment Partnership Program funds. As a result, this house is available to home buyers who meet federal established low income guidelines. Provided for your consideration:

INDEPENDENT APPRAISAL – indicating an estimated market value of the home which is the asking price – which is also the asking price for the home – Learn More

INFORMATION FOR PROSPECTIVE BUYERS REGARDING APPLICABLE RE-STRICTIONS AND OBLIGATIONS IMPOSED DUE TO USE OF FUNDS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. HOME INVESTMENT PARTNERSHIP PROGRAM – ACKNOWLEDGEMENT – Learn More

HUD publishes income limits annually that are adjusted according to household size and source of funding. For both the Community Development Block Grant and the Home Investment Partnership Program the limit is 80% area median income, also known as low – income. Lake County is a part of the Cleveland Elyria Metropolitan Statistical Area. As an example a three person household can earn up to $48,900 (Low-income) and being at or below that income level makes that household eligible to participate in these programs.

Cleveland-Elyria, OH MSA

FY 2017 MFI: 67900

NUMBER OF PERSONS

1 Person

2 Persons

3 Persons

4 Persons

5 Persons

6 Persons

7 Persons

8 Persons

LOW 80% INCOME LIMITS

$ 38,050

$43,450

$ 48,900

$ 54,300

$ 58,650

$ 63,000

$ 67,350

$ 71,700

The properties, data and all published information is subject to change on an ongoing basis.
Any external links provided are for the viewers convenience and remain the responsibility of the site owner.